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ISA transfer and new ISA

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I have a cash Isa fixed with Santander this matures on the 2/4/24 I want to transfer this to Paragon 1 year fixed at 5.05% however I also want to add 20k on the 6/4/24 new tax year would this be possible or would I need two accounts with Paragon.  Thanks in advance for any replies

Comments

  • gravel_2
    gravel_2 Posts: 623 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    Check the relevant Paragon terms. Normally on a fixed ISA you will have a funding window (e.g. 14 days, 30 days etc) in which to fund the ISA. This normally would include transfers and new money, but the terms could say otherwise.
  • t0rt0ise
    t0rt0ise Posts: 4,477 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm doing exactly this. I've opened the Paragon account and just paid cash in, and also completed the transfer form ticking to option to transfer when it matures. I wanted to pay cash in this tax year but could have waited till April.
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